Required information Problem 9-1A (Algo) Short-term notes payable transactions and entries LO P1 [The following information applies to the questions displayed below.] Tyrell Company entered into the following transactions involving short-term liabilities. Year 1 April 20 May 19 July 8 _?___ November 28 December 31 Year 2 Purchased $36,000 of merchandise on credit from Locust, terms n/30. Replaced the April 20 account payable to Locust with a 90-day, 8%, $35,000 note payable along with paying $1,000 in cash. Borrowed $60,000 cash from NBR Bank by signing a 120-day, 10%, $60,000 note payable. Paid the amount due on the note to Locust at the maturity date. Paid the amount due on the note to NBR Bank at the maturity date. Borrowed $30,000 cash from Fargo Bank by signing a 60-day, 8%, $30,000 note payable. Recorded an adjusting entry for accrued interest on the note to Fargo Bank. __?___ Paid the amount due on the note to Fargo Bank at the maturity date. Problem 9-1A (Algo) Part 5 5. Prepare journal entries for all the preceding transactions and events. Note: Do not round your intermediate calculations. View transaction list Journal entry worksheet < 1 2 3 4 5 Purchased $36,000 of merchandise on credit from Locust, terms n/30. Note: Enter debits before credits. Date April 20 Record entry 6 7 8 General Journal Clear entry Debit Credit View general journal >